Answer:
The correct option is: Debit to Loss on Disposal of Machinery for $1,500.
Explanation:
As at the time of sale, the net book value (cost - accumulated depreciation) of the copier machine was $3,500 ($6,000 - $2,500). Then, the proceed from sale is $2,000. The full accounting entries to record the transaction will be:
Debit Accumulated depreciation $2,500
Debit Cash (sales proceed) $2,000
Debit Loss on disposal of machinery $1,500
Credit Fixed asset (cost - copier machine) $6,000
<em>(To record disposal of copier machine)</em>
Answer:
$83,300
Explanation:
Total at retail:
= Beginning inventory + Purchases - Purchase return + Transfers in from suburban branch
= $24,800 + $136,600 - $3,000 + $13,000
= $171,400
Ending inventory at retail:
= Total at retail + Net markups - Net markdowns - (sales - sales return) - Normal shortage
= $171,400 + $8,100 - $3,900 - ($94,300 - $2,500) - $500
= $171,400 + $8,100 - $3,900 - $91,800 - $500
= $83,300
Quite a lot these days.
Let's say you made $4,000
You really only receive
(in your bank account)
About $2,000
It also depends if you have other bank accounts such as retirement savings or college payments.
- a date ( day\month/year)
- a place or location
- time of the meeting
- a description of the reason for meeting and what will happen at the meeting ( also who will be at the meeting)
please vote my answer branliest. Thanks!
Answer:
average fixed costs per unit would decrease.
Explanation:
Currently Cindy's monthly total fixed costs = $500, and since it produces 100 units per month, the average fixed costs per unit = $500 / 100 units = $5 per unit.
If fixed costs fell to $400, then the average fixed costs per unit = $400 / 100 units = $4 per unit.
While her average variable costs remain the same = $2,500 / 100 units = $2.50 per unit
